4149 Chestnut St Riverside, CA 92501-3538
Property profile & analytics
4149 Chestnut St, Riverside, CA 92501-3538
- Office buildings
- 2,685 SF
- 0.18 lot acres
Property ID
US09-3480007
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Office buildings
Property Details for 4149 Chestnut St
- Year built
- 2020
- Construction
- WOOD
- Lot size
- 0.18 lot acres
- Zone code
- DSP
- Property type
- Office buildings
- APN
- 215-221-006
- APU
- 215221006
Description
This exceptional 2,285-square-foot freestanding executive office building, constructed in 2023, presents a unique investment opportunity in the heart of Riverside, California. The property boasts a prime location adjacent to downtown Riverside, offering easy access to a vibrant business community and a diverse range of amenities. The building includes six dedicated parking spaces, a significant advantage in a bustling urban setting. Its modern design and construction ensure energy efficiency and a contemporary workspace. The building's central location provides convenient access to the 91 Freeway, facilitating seamless commutes for employees and clients. The property's 2,285 square feet are ideally suited for a variety of professional services, including legal, financial, insurance, or accounting firms. Furthermore, the property includes an approximately 700-square-foot accessory dwelling unit (ADU), offering additional flexibility and potential for various uses. With an asking price of $1,375,000, this property offers a compelling price per square foot of $601.75, reflecting its superior location, modern construction, and ample parking. This is a rare opportunity to acquire a high-quality, centrally located executive office building in a thriving California market. The property is situated at 4149 Chestnut Street, Riverside, CA 92501.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,195,000
- ML approach
- $1,375,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $990,000
- 6.5%
- $915,000
- 7%
- $850,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $863,000
Market price range: $383k - $1.19M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $725,000 Current use
- AUTO REPAIR, GARAGE
- $1,190,000 Change: +64% Conversion: Difficult
- MEDICAL BUILDING
- $785,000 Change: +8% Conversion: Easy
- WAREHOUSE, STORAGE
- $750,000 Change: +3% Conversion: Difficult
- RETAIL STORES
- $720,000 Change: -1% Conversion: Moderate
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Riverside
- County
- Riverside
- State
- California
- Longitude
- -117.381
- Latitude
- 33.9804
- CBSA code
- 40140
- CBSA name
- RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$8,961
$144,860
$663,775
$808,635
-
$0.00
$0.00
$0.00
